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Waterfall Industry* Insights

* SMS For Email Service Providers


Kane Russell, VP of Marketing
Waterfall Mobile
The Waterfall Platform




 Waterfall Mobile Corporate                        The Waterfall Platform
  ๏   Founded August 2005                          ๏   New updates available @ waterfallmobile.com
  ๏   Offices in SFO (HQ), NYC & Austin            ๏   Mobile personalized engagement
  ๏   Backed by Vista Equity Partners              ๏   Custom application development
  ๏   Cross-channel mobile & social CRM via SMS,   ๏   Short code provisioning, certification
      MMS, QR Codes, IVR, Facebook & Twitter           & audit management
Agenda For Today’s Webinar

1. The mobile mindset
2. Select the best implementation
3. Create the ideal product features
4. Case studies
5. Takeaways
SMS & Email Integration




                Businesses that have
              integrated SMS and email




                            Yes
                   No       43%
                   57%



                                         Source: Strongmail, 2012
Digital Marketing Growth in the U.S.
U.S. Mobile, Social & Email Market Value ($s in millions)
                                                                      CAGR

           Mobile marketing                                 $13,232    32%

           Social media marketing
           Email marketing                        $11,274


                                         $9,150
                                                            $8,237     38%

                                $6,998            $7,057

                                         $5,697
                    $4,896
                                $4,238
       $3,242
                    $2,777                                  $4,995     26%
                                                  $4,217
       $1,652                            $3,453
                                $2,760
                    $2,119
       $1,590
                                                  $2,262    $2,468     10%
       $1,510      $1,694       $1,875   $2,066

        2011        2012         2013     2014     2015      2016



                                                                      Source: Forrester, 2011
Digital Channel Reach




   SMS      FB News Feed   Emails   Tweets Viewed
  Opened       Viewed      Opened




   98%          16%         12%          29%




                                       Source: Mashable, 2012
Digital Channel Immediacy




       SMS messages       Emails
       opened within   opened within
         3 minutes        6 hours




           98%              50%


                                       Source: Mashable, Mass Mailer, 2012
Digital Channel Visibility




 Avg # of times      FB users who       People who
  people check      log in minimum   check email more
their phone daily     once per day   than 4 times daily




  150
                         58%                 43%

                                            Source: Mashable, Hubspot, 2012
Approach To Email & Mobile Integration


           Use mobile optimized web pages           32%


 Capture mobile number during email sign up    25%


            Use mobile optimized templates    22%


              Cross-channel email and SMS     21%



                                                     Source: Strongmail, 2012
From Multichannel To Cross-Channel


                  Channels




                                                                    }
                                              Channel              Channel




       CONSUMER
                             }   Brand                  CONSUMER




                                                        Channel
                                                                             Brand


 Multichannel marketing CRM is the       Cross-channel marketing CRM places
 use of different and disparate          consumers at the center of the
 channels to simultaneously push the     conversation, targeting messaging based
 same message to the consumer.           on channel preference and permission.
Agenda For Today’s Webinar

1. The mobile mindset
2. Select the best implementation
3. Create the ideal product features
4. Case studies
5. Takeaways
The Choice




                             Buy
                             ESP purchases SMS
                             capabilities from a vendor
                             and integrates into an
   Build
                             email platform via API.
   ESP creates an SMS
   enhancement to an email
   platform platform using
   in-house resources.
Total Cost Of Ownership (TCO)

               All of the following are crucial for an effective
               integrated email/SMS solution:

                                 Software
                               Compliance
                                  Support
                                Innovation
                                 Analytics
                            Speed to market
                             Sales expertise
Risks Of Ignoring TCO

TCO Factor        Ignorance Risk

Software          Non-competitive short-term solution.

Compliance        Legal fines and fees.

Support           Unprofitable SMS and email integration.

Innovation        Non-competitive long-term solution.

Analytics         Unable to compute ROI.

Speed to market   Customers switch vendors.

Sales expertise   Insignificant revenue increase from integration.
Proper TCO Approach To Maximize ROI

TCO Factor        Approach

Software          Think business model / core competence first.

Compliance        Acknowledge as a full-time job.

Support           Develop portfolio of mobile-specific resources.

Innovation        Take a long-term view.

Analytics         Share insights from email and SMS.

Speed to market   Minimal hassle scalability is crucial.

Sales expertise   Be prepared to talk the talk.
Agenda For Today’s Webinar

1. The mobile mindset
2. Select the best implementation
3. Create the ideal product features
4. Case studies
5. Takeaways
Short Codes




 1. ESP should select and provisions its own dedicated short code.
 2. During the 8-10 week provisioning process, ESP uses a vendor or aggregator shared short code for testing.
 3. Once live, ESP packages and sells campaigns on the ESP’s dedicated short code to its clients.
 4. ESP develops necessary infrastructure to offer and manage a dedicated short code for high volume clients.
Keyword Lookups




   An example keyword lookup interface. As the user adds a letter to the keyword,
   the system automatically updates to inform the availability.
Mobile Subscriptions Toggle




Single opt-in where end users     Double opt-in where subscription does
subscribe simply by texting the   not occur until after the end user has
keyword ATTSHOUT to the short     taken an additional action, in this case
code 44144.                       replying “Y” to an SMS prompt.
Basic Text And Dynamic Content




  Static Content                                Dynamic Content
  (e.g. Basic Text Response)                    (e.g. Dealer Locator)
  Process: content creator sets content; user   Process: content creator sets content; content
  requests content; content sent to user.       connects to external data source; user requests
                                                content; application requests information from
                                                external data source; content delivered to user.
List Management

             2

  1




                                              3
                                          4




                  1   Keyword filtering
                  2 Metadata selection
                  3   Targeted blasts
                  4 Subscriber numbers
Analytics

                1
                                       3
                                   2




                                           5


      4




            1           MTs
            2          Delivery
            3           MOs
            4       Clickthrough
            5          Export
Tactics



Customer Acquisition         List Management              Product Development

Start by providing current                                Offer solutions not
                             Sync subscriber lists with
customers with an upsell                                  officially released within
                             appropriate batch cycle
into their account                                        the user interface
Agenda For Today’s Webinar

1. The mobile mindset
2. Select the best implementation
3. Create the ideal product features
4. Case studies
5. Takeaways
Heineken: Online Opt-in
Heineken: Online Opt-in



   Takeaways
   Do
   •   Integrate SMS/Email Sign
       Up
   •   Include metadata
       collection fields
   •   Respond immediately

   Don’t
   •   Disregard the importance
       of sign up incentives
PETA: Text “Y” Action Alerts
PETA: Text “Y” Action Alerts




                               Takeaways
                               Do
                               •   Channel optimization
                               •   Metadata integration

                               Don’t
                               •   Forget to communicate
                                   results or outcome
Example: Results Communication




                   Text
Constant Contact: Crawl-Walk-Run




  Takeaways ...
  Do
  •   Drive participation
      with non-monetary
      and monetary
      incentives

  Don’t
  •   Fail to promote
      across channels
Constant Contact: Crawl-Walk-Run




  Takeaways ...
  Do
  •   Integrate features over
      time

  Don’t
  •   Risk losing momentum
Bronto: User Interface
Bronto: User Interface




  Takeaways ...
  Do
  •   Focus on the intuitiveness
      of the user interface

  Don’t
  •   Fail to provide mobile-
      specific content and
      resources for your
      customers
Art Of The Call To Action



          Comprehensive gallery of mobile calls to
            action with commentary in order to
            understand best practices and ROI.
                  http://artofthecta.com/
Agenda For Today’s Webinar

1. The mobile mindset
2. Select the best implementation
3. Create the ideal product features
4. Case Studies
5. Takeaways
Four Steps To Effective Email + SMS

1. Implement
2. Integrate
3. Interact
4. Iterate
Discussion
For more information visit www.waterfallmobile.com




                              Further industry insight available on our blog @ blog.msgme.com

                                          More resources @ http://bit.ly/mobileindustryguides

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SMS For Email Service Providers Webinar

  • 1. Waterfall Industry* Insights * SMS For Email Service Providers Kane Russell, VP of Marketing Waterfall Mobile
  • 2. The Waterfall Platform Waterfall Mobile Corporate The Waterfall Platform ๏ Founded August 2005 ๏ New updates available @ waterfallmobile.com ๏ Offices in SFO (HQ), NYC & Austin ๏ Mobile personalized engagement ๏ Backed by Vista Equity Partners ๏ Custom application development ๏ Cross-channel mobile & social CRM via SMS, ๏ Short code provisioning, certification MMS, QR Codes, IVR, Facebook & Twitter & audit management
  • 3. Agenda For Today’s Webinar 1. The mobile mindset 2. Select the best implementation 3. Create the ideal product features 4. Case studies 5. Takeaways
  • 4. SMS & Email Integration Businesses that have integrated SMS and email Yes No 43% 57% Source: Strongmail, 2012
  • 5. Digital Marketing Growth in the U.S. U.S. Mobile, Social & Email Market Value ($s in millions) CAGR Mobile marketing $13,232 32% Social media marketing Email marketing $11,274 $9,150 $8,237 38% $6,998 $7,057 $5,697 $4,896 $4,238 $3,242 $2,777 $4,995 26% $4,217 $1,652 $3,453 $2,760 $2,119 $1,590 $2,262 $2,468 10% $1,510 $1,694 $1,875 $2,066 2011 2012 2013 2014 2015 2016 Source: Forrester, 2011
  • 6. Digital Channel Reach SMS FB News Feed Emails Tweets Viewed Opened Viewed Opened 98% 16% 12% 29% Source: Mashable, 2012
  • 7. Digital Channel Immediacy SMS messages Emails opened within opened within 3 minutes 6 hours 98% 50% Source: Mashable, Mass Mailer, 2012
  • 8. Digital Channel Visibility Avg # of times FB users who People who people check log in minimum check email more their phone daily once per day than 4 times daily 150 58% 43% Source: Mashable, Hubspot, 2012
  • 9. Approach To Email & Mobile Integration Use mobile optimized web pages 32% Capture mobile number during email sign up 25% Use mobile optimized templates 22% Cross-channel email and SMS 21% Source: Strongmail, 2012
  • 10. From Multichannel To Cross-Channel Channels } Channel Channel CONSUMER } Brand CONSUMER Channel Brand Multichannel marketing CRM is the Cross-channel marketing CRM places use of different and disparate consumers at the center of the channels to simultaneously push the conversation, targeting messaging based same message to the consumer. on channel preference and permission.
  • 11. Agenda For Today’s Webinar 1. The mobile mindset 2. Select the best implementation 3. Create the ideal product features 4. Case studies 5. Takeaways
  • 12. The Choice Buy ESP purchases SMS capabilities from a vendor and integrates into an Build email platform via API. ESP creates an SMS enhancement to an email platform platform using in-house resources.
  • 13. Total Cost Of Ownership (TCO) All of the following are crucial for an effective integrated email/SMS solution: Software Compliance Support Innovation Analytics Speed to market Sales expertise
  • 14. Risks Of Ignoring TCO TCO Factor Ignorance Risk Software Non-competitive short-term solution. Compliance Legal fines and fees. Support Unprofitable SMS and email integration. Innovation Non-competitive long-term solution. Analytics Unable to compute ROI. Speed to market Customers switch vendors. Sales expertise Insignificant revenue increase from integration.
  • 15. Proper TCO Approach To Maximize ROI TCO Factor Approach Software Think business model / core competence first. Compliance Acknowledge as a full-time job. Support Develop portfolio of mobile-specific resources. Innovation Take a long-term view. Analytics Share insights from email and SMS. Speed to market Minimal hassle scalability is crucial. Sales expertise Be prepared to talk the talk.
  • 16. Agenda For Today’s Webinar 1. The mobile mindset 2. Select the best implementation 3. Create the ideal product features 4. Case studies 5. Takeaways
  • 17. Short Codes 1. ESP should select and provisions its own dedicated short code. 2. During the 8-10 week provisioning process, ESP uses a vendor or aggregator shared short code for testing. 3. Once live, ESP packages and sells campaigns on the ESP’s dedicated short code to its clients. 4. ESP develops necessary infrastructure to offer and manage a dedicated short code for high volume clients.
  • 18. Keyword Lookups An example keyword lookup interface. As the user adds a letter to the keyword, the system automatically updates to inform the availability.
  • 19. Mobile Subscriptions Toggle Single opt-in where end users Double opt-in where subscription does subscribe simply by texting the not occur until after the end user has keyword ATTSHOUT to the short taken an additional action, in this case code 44144. replying “Y” to an SMS prompt.
  • 20. Basic Text And Dynamic Content Static Content Dynamic Content (e.g. Basic Text Response) (e.g. Dealer Locator) Process: content creator sets content; user Process: content creator sets content; content requests content; content sent to user. connects to external data source; user requests content; application requests information from external data source; content delivered to user.
  • 21. List Management 2 1 3 4 1 Keyword filtering 2 Metadata selection 3 Targeted blasts 4 Subscriber numbers
  • 22. Analytics 1 3 2 5 4 1 MTs 2 Delivery 3 MOs 4 Clickthrough 5 Export
  • 23. Tactics Customer Acquisition List Management Product Development Start by providing current Offer solutions not Sync subscriber lists with customers with an upsell officially released within appropriate batch cycle into their account the user interface
  • 24. Agenda For Today’s Webinar 1. The mobile mindset 2. Select the best implementation 3. Create the ideal product features 4. Case studies 5. Takeaways
  • 26. Heineken: Online Opt-in Takeaways Do • Integrate SMS/Email Sign Up • Include metadata collection fields • Respond immediately Don’t • Disregard the importance of sign up incentives
  • 27. PETA: Text “Y” Action Alerts
  • 28. PETA: Text “Y” Action Alerts Takeaways Do • Channel optimization • Metadata integration Don’t • Forget to communicate results or outcome
  • 30. Constant Contact: Crawl-Walk-Run Takeaways ... Do • Drive participation with non-monetary and monetary incentives Don’t • Fail to promote across channels
  • 31. Constant Contact: Crawl-Walk-Run Takeaways ... Do • Integrate features over time Don’t • Risk losing momentum
  • 33. Bronto: User Interface Takeaways ... Do • Focus on the intuitiveness of the user interface Don’t • Fail to provide mobile- specific content and resources for your customers
  • 34. Art Of The Call To Action Comprehensive gallery of mobile calls to action with commentary in order to understand best practices and ROI. http://artofthecta.com/
  • 35. Agenda For Today’s Webinar 1. The mobile mindset 2. Select the best implementation 3. Create the ideal product features 4. Case Studies 5. Takeaways
  • 36. Four Steps To Effective Email + SMS 1. Implement 2. Integrate 3. Interact 4. Iterate
  • 37. Discussion For more information visit www.waterfallmobile.com Further industry insight available on our blog @ blog.msgme.com More resources @ http://bit.ly/mobileindustryguides